Executive Summary

This Deep Dive Market Intelligence Report evaluates the demographic, housing, and economic landscape of Jefferson County, AL, and the specific performance of the 33 properties within the portfolio.

Strategic Overview

0%
Portfolio in Growth Tracts
21.6%
Rent-to-Income Ratio (2023)
12.8%
County Vacancy Rate

Key Takeaway: The portfolio is well-positioned in high-growth areas. However, rising rent-to-income ratios in the broader county suggest a tightening affordability environment, which may support rental demand but also signals potential ceiling on rent growth without income gains.

Deep Dive Analysis

1. Population Dynamics

Demographic shifts drive housing demand. We analyze not just total growth, but the composition of that growth.

Demographic Insight: The age structure reveals the underlying demand drivers. A stable or growing 18-34 cohort indicates robust demand for rentals and starter homes. An expanding 55+ cohort suggests increasing need for accessible, low-maintenance housing or senior living solutions.

2. Housing Market Health

Supply, Demand, and Affordability.

Market Health Check: * Affordability: A rising Rent-to-Income ratio indicates that rent growth is outpacing income growth, potentially squeezing tenant budgets. * Tenure: An uptick in renter share often correlates with high interest rates or home price appreciation locking out first-time buyers. * Dynamics: Typically, falling vacancy precedes rent spikes. Watch for divergence where vacancy rises and rents rise, which may indicate a supply mismatch (e.g., new luxury supply vs. affordable demand).

3. Economic Resilience

Income Power and Employment.

Geographic Intelligence

ZCTA Map

Neighborhood-Level Growth Signals

Portfolio Map

Asset Locations & Performance

Tract Data

Granular Asset Metrics

Technical Appendix

Methodology & Definitions

  • Data Source: US Census Bureau, ACS 5-year (tract/ZCTA) 2013–2022; ACS 1-year county through 2023.
  • Inflation Adjustment: All monetary values adjusted to 2023 dollars using CPI-U annual averages.
  • Rent-to-Income Ratio: Calculated as (Median Gross Rent * 12) / Median Household Income. A ratio > 30% indicates housing cost burden.
  • Classification Logic:
    • Growth: Statistically significant population increase AND ≥1% real income CAGR with stable/declining vacancy.
    • Weakening: Significant population/income decline OR significant vacancy increase (>1 pp).
    • Stable: No statistically significant movement on core indicators.

Variable Catalog